Luxury goods companies face a delicate balancing act after the U.S.-EU trade deal as weak consumer demand tests their ability to raise prices further following dramatic price increases in recent years. https://www.japantimes.co.jp/business/2025/07/29/markets/us-tariffs-luxury-brands-power/?utm_medium=Social&utm_source=mastodon #business #markets #luxurygoods #us #donaldtrump #trade #tariffs #chanel #lvmh #louisvuitton #dior
U.S. airlines' strategy of doubling down on high-end travel after the COVID-19 pandemic to drive up profits and reduce their vulnerability to economic swings is paying off. https://www.japantimes.co.jp/business/2025/07/21/us-airlines-premium-travel-slump/?utm_medium=Social&utm_source=mastodon #business #airlines #luxurygoods #travel #delta #united
A Milan court placed Italian luxury label Loro Piana SpA under judicial oversight for one year, saying the LVMH-owned label famous for its cashmere clothing did not stop subcontractors from exploiting migrant workers. https://www.japantimes.co.jp/business/2025/07/15/companies/lvmh-loro-piana-italy-labor/?utm_medium=Social&utm_source=mastodon #business #companies #luxurygoods #lvmh#loropiana#laborlaws